Swiggy plunges 6% to 52-week low after lock-in expiry unlocks 83% shareholding

Swiggy shares slid 6.4% to their 52-week low of Rs 300 on the BSE on Tuesday, May 13, as approximately 83% of the company’s shareholding became eligible for trade for the first time, according to a report by domestic brokerage firm JM Financial.